Author: Jane Edwards|| Date Published: September 13, 2017
L3 Technologies (NYSE: LLL) has purchased Centreville, Virginia-based systems engineering firm Adaptive Methods for an undisclosed sum in a move to expand footprint in the undersea market.
L3 said Tuesday it will incorporate Adaptive Methods into its sensor systems business segment to operate as L3 Adaptive Methods.
Christopher Kubasik, L3 president and chief operating officer, said the transaction would provide L3 access to Adaptive Methods unmanned undersea vehicle platforms and further support the U.S. Navys requirements.
Kubasik, an inductee into Executive Mosaics Wash100 for 2017, added the company will integrate Adaptive Methods UUV technologies with its Open Water and OceanServer businesses.
Adaptive Methods develops sensor payloads and autonomy platforms for UUVs and provides undersea and anti-submarine warfare platforms, ASW sonar processing systems and displays and tactical buoy technologies to U.S. military clients.
Yuval Zilberman has been named chief information officer of Claroty, a cyber-physical systems protection company. Who Is Yuval Zilberman? Zilberman is a…
Quantum computing company IonQ has entered into a definitive agreement to acquire SkyWater Technology, a U.S.-based pure-play semiconductor foundry, in a cash-and-stock transaction valued…